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Asia Pacific Prebiotics Market Size By Application (Animal Feed, Food & Beverages [Dairy, Cereals, Baked Goods, Fermented Meat, Dry Foods], By Ingredient (Inulin, GOS, FOS, MOS), Dietary Supplements [Food, Nutrition, Infant Formulations]), Price Trend, Competitive Market Share & Forecast, 2020 - 2026

Published Date: December 2020 | Publisher: Graphical Research Report ID: GR1550 | Delivery : PDF

Asia Pacific Prebiotics Market share was valued at above USD 1.4 billion in 2019 and industry is expected to witness substantial gains at over 10.5% by 2026.
Prebiotics are the compounds in food mainly found in plant base dietary fibers that help to increase the growth of the beneficial bacteria. It can be taken as a nutritional supplement for promoting overall growth and energy. Prebiotic help in aiding various health problems such as the gastrointestinal tract reduces inflammation and inflammatory bowel disease. Also, it helps to support healthy digestion and immune function, thus this will be propelling the overall prebiotic sector growth over the forecast period.

Based on ingredients, the market is segmented into Inulin, GOS, FOS, and MOS.  Inulin segment from ingredient value over 560 million of the Asia Pacific market in 2019 in terms of revenue. Insulin prebiotic is easily available, extracted from natural sources including banana, grapes, watermelon, garlic, and, other vegetables. It has several health benefits such as used to treat diarrhea, irritable bowel syndrome, promote weight loss, and allergic disorders. Inulin is widely used to treat diabetes due to its increased antioxidant activity, considering these factors the market will show significant growth in the future.

The Mannan-oligosaccharide (MOS) ingredient segment from Asia Pacific prebiotics is projected the highest CAGR over 11.5% during the forecast period. Mannan-oligosaccharide (MOS) consists of complex carbohydrate molecules, beta-glucans(mannoproteins), which are responsible for the activation of the immune system in animals.it is also used as a growth promoter in poultry and other animal nutrition, thus this segment will boost the market in the upcoming future.  

The growing vegan diet trend and nutritional supplement consumption among consumers are expected to boost the market. The dietary supplement application accounted for a CAGR of over 10% in the given timeframe. Rising consumer awareness towards the consumption of nutritional supplements such as proteins, carbohydrates for sustaining ideal nutritional levels, and retaining muscle mass is expected to boost the market demand for these products. Moreover, rising awareness concern of protein benefits for an active and healthy lifestyle is expected to foster the demand for prebiotic-rich dietary supplement products.

Shifting consumer preference for plant-based nutritional diet, and the growing concerns regarding gut health are the major factors which are driving demand for prebiotic products. Also, consumers are spending on health improvement products, such as food nutrition, food supplements, protein powders, which help to maintain overall health and boost energy. Growing trends in the consumption of organic food are also expected to boost market demand. Furthermore, manufacturers are focusing on strategic approaches such as mergers, expansion, acquisitions, and partnerships to develop a strong product portfolio and increase productivity. This will likely to grow the market.

The major players in the Asia Pacific prebiotics market are Yakult Honsha Co.Ltd. Netsle S.A, Alltech, Inc., Cargill, Inc., Beneo GmbH, Friesland Campina Domo, and Beghin Meiji (Tereos S.A.).
 

Frequently Asked Question(FAQ) :

The industry share of Asia Pacific Prebiotics is projected to expand at 10.5% CAGR during 2020 to 2026.
The market size of Asia Pacific Prebiotics was valued over USD 1.4 billion in 2019.
The dietary supplement application accounted for a CAGR of over 10% in the given timeframe. Rising consumer awareness towards the consumption of nutritional supplements such as proteins, carbohydrates for sustaining ideal nutritional levels, and retaining muscle mass is expected to boost the market demand for these products.

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Asia Pacific Prebiotics Market Size Growth Analysis 2020 - 2026


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